OceanFirst Stock Financials

OCFC
 Stock
  

USD 20.85  0.02  0.1%   

OceanFirst Financial Net Income Per Employee is projected to increase significantly based on the last few years of reporting. The past year's Net Income Per Employee was at 117,477. The current year Average Assets is expected to grow to about 10.1 B, whereas Revenue Per Employee is forecasted to decline to about 347.2 K.
  
With this module, you can analyze OceanFirst financials for your investing period. You should be able to track the changes in OceanFirst Financial individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

OceanFirst Most Recent Estimates

Quarterly Earnings Growth YOY
-0.041
EPS Estimate Next Quarter
0.6
Diluted Eps
1.65
EPS Estimate Current Quarter
0.55
Earnings Share
1.65

Revenues

420.71 Million

Understanding current and past OceanFirst Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of OceanFirst Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in OceanFirst Financial's assets may result in an increase in income on the income statement.
The fundamental analysis of OceanFirst Financial is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for OceanFirst Financial includes many different criteria found on its balance sheet. For example, investors should never minimize OceanFirst Financial's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor OceanFirst Financial's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in OceanFirst Financial.

OceanFirst Financial Corp Cash

Chance Of Financial Distress
Less than 39
OceanFirst Financial Corp has less than 39 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for OceanFirst Financial stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in OceanFirst Financial's official financial statements usually reflect OceanFirst Financial's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of OceanFirst Financial Corp. For example, before you start analyzing numbers published by OceanFirst accountants, it's critical to develop an understanding of what OceanFirst Financial's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of OceanFirst Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OceanFirst Financial's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in OceanFirst Financial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of OceanFirst Financial Corp. Please utilize our Beneish M Score to check the likelihood of OceanFirst Financial's management to manipulate its earnings.

OceanFirst Financial Company Summary

OceanFirst Financial competes with La Z. OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. The company was founded in 1902 and is based in Red Bank, New Jersey. OceanFirst Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 894 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0001004702
RegionNorth America
Business Address110 West Front
SectorFinancial Services
IndustryBanks—Regional
BenchmarkDOW
Websitewww.oceanfirst.com
Phone732 240 4500
CurrencyUSD - US Dollar
You should never invest in OceanFirst Financial without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of OceanFirst Stock, because this is throwing your money away. Analyzing the key information contained in OceanFirst Financial's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

OceanFirst Financial Key Financial Ratios

Generally speaking, OceanFirst Financial's financial ratios allow both analysts and investors to convert raw data from OceanFirst Financial's financial statements into concise, actionable information that can be used to evaluate the performance of OceanFirst Financial over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that OceanFirst Financial Corp reports annually and quarterly.

OceanFirst Financial Key Balance Sheet Accounts

201720182019202020212022 (projected)
Long Term Debt56.52 M99.53 M96.8 M235.47 M229.14 M247.23 M
Total Assets5.42 B7.52 B8.25 B11.45 B11.74 B12.67 B
Cash and Equivalents109.61 M120.79 M120.54 M1.27 B204.95 M192.6 M
Total Debt391.02 M436.03 M624.74 M701.68 M806.94 M674.94 M
Deposit Liabilities4.19 B4.34 B5.81 B6.33 B7.28 B7.85 B
Shareholders Equity601.94 M1.04 B1.15 B1.48 B1.52 B1.64 B
Investments4.43 B4.84 B6.59 B7.2 B8.28 B8.93 B
Total Liabilities4.81 B6.48 B7.09 B9.96 B10.22 B11.03 B
Tax Assets16.81 M38.88 M1.92 M63.38 M72.88 M78.64 M

OceanFirst Financial Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what OceanFirst Financial's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Consolidated Income23.05 M42.47 M71.93 M88.57 M101.86 M109.9 M
Earning Before Interest and Taxes EBIT35.2 M65.33 M85.5 M107.36 M123.46 M133.21 M
Earning Before Interest and Taxes USD35.2 M65.33 M85.5 M107.36 M123.46 M133.21 M
Gross Profit138.05 M191.84 M271.84 M296.5 M340.98 M367.89 M
Net Income42.47 M71.93 M88.57 M63.31 M110.08 M118.77 M
Net Income Common Stock23.05 M42.47 M71.93 M88.57 M101.86 M109.9 M
Net Income Common Stock USD23.05 M42.47 M71.93 M88.57 M101.86 M109.9 M
Operating Expenses102.72 M126.52 M186.34 M189.14 M217.51 M234.69 M
Operating Income35.34 M65.33 M85.5 M107.36 M123.46 M133.21 M
Revenues215.9 M311.48 M350.96 M445.45 M389.93 M420.71 M
Revenues USD138.05 M191.84 M271.84 M296.5 M340.98 M367.89 M
Selling General and Administrative Expense70 M89.05 M126.07 M133.07 M153.03 M165.12 M
Weighted Average Shares32.11 M46.77 M50.17 M59.92 M59.41 M64.1 M
Weighted Average Shares Diluted33.12 M47.66 M50.75 M60.07 M59.65 M64.36 M
Income Tax Expense12.15 M22.86 M13.57 M18.78 M21.6 M18.91 M

OceanFirst Financial Key Cash Accounts

Cash flow analysis captures how much money flows into and out of OceanFirst Financial Corp. It measures of how well OceanFirst is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money OceanFirst Financial brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money OceanFirst had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what OceanFirst Financial has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(6.67 M)(48.7 M)(11.49 M)(5.08 M)(4.57 M)(4.93 M)
Depreciation Amortization and Accretion5.41 M8.34 M12.52 M12.39 M14.25 M15.37 M
Net Cash Flow or Change in Cash and Cash Equivalents257.43 M(191.76 M)12.71 M10.9 M9.81 M9.8 M
Issuance Purchase of Equity Shares2.11 M3.35 M(13.91 M)(24.73 M)(22.26 M)(22.84 M)
Issuance Repayment of Debt Securities(167.94 M)44.94 M61.41 M78.92 M90.75 M97.92 M
Payment of Dividends and Other Cash Distributions(12.62 M)(19.29 M)(29.56 M)(34.24 M)(30.82 M)(31.63 M)
Net Cash Flow from Financing183.33 M(128.39 M)82.77 M1.07 B223.99 M178.3 M
Net Cash Flow from Investing(455.22 M)48.55 M(172.12 M)(22.17 M)(1.48 B)(1.52 B)
Net Cash Flow Investment Acquisitions and Disposals257.59 M(407.15 M)51.02 M(182.72 M)(164.44 M)(168.77 M)
Net Cash Flow from Operations80.13 M92.55 M100.25 M132.66 M159.97 M172.6 M
Share Based Compensation1.57 M358 K2.32 M3.5 M4.03 M4.35 M

OceanFirst Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining OceanFirst Financial's current stock value. Our valuation model uses many indicators to compare OceanFirst Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OceanFirst Financial competition to find correlations between indicators driving OceanFirst Financial's intrinsic value. More Info.
OceanFirst Financial Corp is considered to be number one stock in net income category among related companies. It is considered to be number one stock in shares outstanding category among related companies creating about  0.61  of Shares Outstanding per Net Income. The ratio of Net Income to Shares Outstanding for OceanFirst Financial Corp is roughly  1.64 . OceanFirst Financial Net Income is projected to increase significantly based on the last few years of reporting. The past year's Net Income was at 110.08 Million. Comparative valuation analysis is a catch-all model that can be used if you cannot value OceanFirst Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for OceanFirst Financial's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the OceanFirst Financial's earnings, one of the primary drivers of an investment's value.

OceanFirst Financial Corp Systematic Risk

OceanFirst Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. OceanFirst Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on OceanFirst Financial Corp correlated with the market. If Beta is less than 0 OceanFirst Financial generally moves in the opposite direction as compared to the market. If OceanFirst Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one OceanFirst Financial Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of OceanFirst Financial is generally in the same direction as the market. If Beta > 1 OceanFirst Financial moves generally in the same direction as, but more than the movement of the benchmark.
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About OceanFirst Financial Financials

What exactly are OceanFirst Financial Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include OceanFirst Financial's income statement, its balance sheet, and the statement of cash flows. Potential OceanFirst Financial investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although OceanFirst Financial investors may use each financial statement separately, they are all related. The changes in OceanFirst Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on OceanFirst Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as OceanFirst Financial is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of OceanFirst grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

OceanFirst Financial August 9, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of OceanFirst Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of OceanFirst Financial Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of OceanFirst Financial Corp based on widely used predictive technical indicators. In general, we focus on analyzing OceanFirst Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OceanFirst Financial's daily price indicators and compare them against related drivers.
Downside Deviation1.4
Information Ratio0.1391
Maximum Drawdown6.74
Value At Risk(2.37)
Potential Upside2.41
Please check Your Equity Center. Note that the OceanFirst Financial Corp information on this page should be used as a complementary analysis to other OceanFirst Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running OceanFirst Financial Corp price analysis, check to measure OceanFirst Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OceanFirst Financial is operating at the current time. Most of OceanFirst Financial's value examination focuses on studying past and present price action to predict the probability of OceanFirst Financial's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OceanFirst Financial's price. Additionally, you may evaluate how the addition of OceanFirst Financial to your portfolios can decrease your overall portfolio volatility.
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Is OceanFirst Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OceanFirst Financial. If investors know OceanFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OceanFirst Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.041
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.052
Return On Assets
0.0085
Return On Equity
0.0674
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine OceanFirst Financial value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.